News
Insurance
American International Group (AIG) is raising $2.5 billion in debt as it prepares the funding for the acquisition of Bermuda-based Validus Holdings. 22 March 2018
Insurance
Cathedral Underwriting, the Lloyd’s managing general agent of Lancashire Holdings, has appointed John Spence to the position of active underwriter for Syndicate 3010, effective immediately, and Jon Barnes as the active underwriter for Syndicate 2010, effective early 2017. 2 September 2016
Reinsurance
ANALYSIS: Greenlight Re boss heralds new chapter despite more losses and criticism of business model
Losses at Greenlight Capital Re burgeoned in the second quarter of 2016 amid wider criticism of hedge fund reinsurers’ business models. But the company believes that it has now taken appropriate action to leave its problems behind. 3 August 2016
Insurance
Broker Willis Towers Watson has opened a new re/insurance operation in Kazakhstan to expand its presence in what it recognises as the "key Central Asian growth market". 14 November 2018
Insurance
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion). 3 October 2019
Insurance
Aon Groep Nederland has entered into an agreement to acquire Unirobe Meeùs Groep (UMG) from Aegon for €295 million. The transaction is expected to close in the fourth quarter of 2017. 8 August 2017
Insurance
Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts. 6 March 2018
News
US-based global insurance distributor AmWINS Group has announced it has secured backing from Berkshire Hathaway International Insurance for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business. 29 March 2016
Insurance
It has always been a volatile region, but there’s still massive scope for growth in South and Central America. After being hit hard by COVID-19, it’s still too early to say that Latin America won’t face further setbacks, according to panellists on a recent session of the Re/insurance Lounge. 8 July 2021
Insurance
Barcelona, Spain-based AI-powered sales management software solutions provider ForceManager has acquired Italian technology company Sellf to strengthen its global position. 4 October 2018
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.